Equipment
Hyundai steps to Wind market
South Korea's Hyundai Heavy Industries has become the first among domestic companies to win wind turbines from Europe. Hyundai has signed a contract with Finland's Finnish Power to supply 16MW wind turbines in cooperation with Hyundai Corporation...
2011-04-06 11:32:38
K Line completes SAL acquisition
K Line has completed its acquisition of German heavy-lift specialist SAL Group. The Japanese owner said it acquired the outstanding 50% of the shares in SAL that it did not already own. Lars Rolner, who is one of SAL’s existing partners, wil...
2011-04-06 07:42:50
Hyundai Mipo completes new plant
South Korea's Hyundai Mipo Dockyard started full-swing operation of its fourth off-site plant in the city of Ulsan as soon as it held a launching ceremony for the newly built plant yesterday. The new plant consists of ship block assembly yard, be...
2011-04-05 22:07:49
Yards face price hike of ship equip
In 2011, newbuilding market situations, especially in the offshore facility sectors such as drilling rigs, are expected to continue upward trend which started since 2010 after a severe new orders drought in 2009. Against the backdrop of the increa...
2011-04-05 12:14:05
Mega-float rises
Plan of using mega-float is emerging as a solution for the main headache in the Fukushima nuclear power plant 1 of The Tokyo Electric Power Company, the storage of radioactive-contaminated water. The authority of Shizuoka city in Japan has handed...
2011-04-05 12:04:51
LR-ABS release CSR software
Lloyd's Register CEO Richard Sadler and ABS Chairman and CEO Robert D. Somerville have signed an agreement that sees the two classification societies release jointly-developed software that will be used to assess bulk carriers and oil tankers designe...
2011-04-05 08:18:16
Doosan certified for wind power systems
Korea's Doosan Heavy Industries & Construction has announced it had become the first to be certified for 3MW-grade offshore wind power systems among domestic companies by Germany's DEWI-OCC. Only a few companies worldwide hold technology for the 3M...
2011-04-04 10:50:32
Daewoo pens 55 wind turbines
DeWind, an affiliate of Korea's Daewoo Shipbuilding & Marine Engineering, has signed a contract to supply wind power turbines. The company won five D9.2 wind turbines from Canada's largest wind turbine research institute, WEICAN, for delivery in S...
2011-04-04 10:07:34
Pay attention to steel prices
Seoul-based KB Investment & Securities revealed last Friday that the trend of steel prices is more important than newbuilding prices at the moment. Yoo Jae-hoon, researcher of the company, remarked, "Japanese steel providers are demanding more tha...
2011-04-03 22:10:30
Steel prices to stabilize from Q4
Seoul-based KB Investment & Securities reported today the prices of steel plates would take a stable tone from the fourth quarter of the year. Yoo Jae-hoon, researcher of the securities company, said, "Too excessive are the concerns about the hol...
2011-04-01 11:55:35
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